Posts Tagged ‘richie rich’

Tax Update - An EVEN BETTER WAY To Get Your First $10 Million

Tax Update – An EVEN BETTER WAY To Get Your First $10 Million

By The Banker | Blog Posts

Earlier this week I posted about how the tax code incentivizes you toward the old-fashioned way to make your first $5 million: Inherit it. That’s because, at least until December 31st, the first $5 million you receive through estate inheritance comes to you tax free. I was trying to point out that there’s no better [&hellip

Adult Conversation About Income Tax Policy

Adult Conversation About Income Tax Policy

By The Banker | Blog Posts

With the Fiscal Cliff[1] looming, kids, it’s time for “The Talk.” By ‘The Talk,’ I mean yank our minds into the grown-up world.  We have been innocent about how money really gets made, and kept, and taxed.  The ‘adults’ know, but they haven’t felt comfortable sharing the real truth.  We didn’t know, and we didn’t think [&hellip